8862 Estate Drive

West Palm Beach, FL 33411

$2,750,000

$573/ft²

5Beds

3.5Baths

4,800Sq ft

1993Year built

Single-family homeType

About this home

Banyan Estates. Home is on beautiful water ski lake. Bring your water sport toys and fishing poles. Next to prestigious Banyan Golf Club. Updated. Metal roof. CBS. Open floor plan. High ceilings, split bedroom plan. Billiard room can be converted into 2 additional bedrooms. 3 private patios. 20x40 all tile game/lap pool. Wood burning coral fireplace. Large bedrooms. 2 masters. Lake view suite can easily be converted back into original floor plan or left as a lakeview suite. If desired seller will convert back prior to closing. Professional landscaping consists of mature oak trees, privacy hedges, and groundcovers.

Features

Waterfront
Private pool

Property details

Listing

MLS #: R11160146
Status: For sale
Listed on: Feb 2, 2026
Days on market: 189 days
Listing data updated: Jun 21, 2026

Interior

Beds: 5
Baths: 3.5
Living area: 4,800 ft²
Price per ft²: $573/ft²

Building & community

Type: Single-family home
Year built: 1993
HOA fee: $341/mo
County: Palm Beach

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $13,905
Property taxes (est.): $2,521
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $341

Estimated total$17,367*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?